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London-headquartered mid-market firm August Equity has sold Healthcare Homes Group (HHG) to Bowmark Capital in a £75m secondary buyout. Healthcare Homes is a Colchester, Essex based elderly residential care provider. It owns and runs 21 care homes with more than 800 residential beds and 200 day-care spaces, making it the largest company of its kind […]
Target: World Health Club Price: Undisclosed Sponsor: North Castle Partners Seller: International Fitness Inc. Financial Adviser: Seller: Partnership Capital Growth Legal Adviser: Sponsor: Morrison Cohen LLP North Castle Partners recently made its first investment in Canada, acquiring the assets of World Health Club, which operates fitness clubs in Calgary and Edmonton. Were it made in […]
February M&A figures compiled by Thomson Financial show a double-digit decline in global activity during the month compared with February last year. The global figures show that 2,604 deals were newly announced during the month, valued at US$234.9bn (€159bn). European companies were the targets in 659 of those offers, generating an overall value of US$98.9bn […]
Eleven-year-old Private Advisors has struck on a formula that's working so well, it’s going global with it.
Making the most of a burgeoning investor appetite for the mid-market, UK-focused private equity firm Bowmark Capital LLP has reached a final close on its most recent fund, Bowmark Capital Partners IV with total commitments of £265m.
Merrill Lynch Global Private Equity (MLGPE) has acquired Integrated Dental Holdings (IDH), the UK's largest owner of dental practices, from LGV Capital for an undisclosed amount, although reports put the price at somewhere between £250m and £300m.
Paul Watters, director and head of Standard & Poor’s European Loan and Recovery Ratings, explains why proper benchmarking of risk based on credit quality - as happens in the US - would help reignite activity in the primary leveraged loan market across Europe.
Gresham Private Equity has made a 3.4x return on its money from the sale of PIMS Group, a Farnborough-based provider, installer and maintainer of water sewage pumps and drainage pumps. PIMS, which is based in Farnborough, has been acquired by Inflexion, the UK mid-market firm and rival of Gresham. The business designs, supplies and maintains […]
Investindustrial, the Southern European mid-market buyout group, has closed its fourth Southern European buyout fund, Investindustrial IV at the hard cap of €1bn, exceeding its original €800m target three months after launching. Investindustrial IV received strong support from existing relationships and was able to attract a number of high quality new investors. Of the total […]
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